Morrison & Foerster advised entities managed by SoftBank Latin America Fund and Riverwood Capital in connection with co-leading a Series B funding round for Gupy, a Brazilian human resources technology startup. Founded in 2015, Gupy uses artificial intelligence to help companies of different sizes digitize and improve the recruitment process, onboarding, and long-term development of their talent. According to the startup, it has around 1,500 client companies with 22.5 million users in Latin America and 470 employees.
Morrison & Foerster advised entities managed by SoftBank Latin America Fund in connection with a Series A funding round for Digibee, a low-code integration platform. Digibee will use the investment round to expand abroad, focusing on the U.S. and Latin America. Launched in 2017, Digibee makes it easy for businesses to build and deploy integration workflows without having to touch any code. The service also focuses on turning integrations into reusable business logic, and a year ago, the company launched “Capsules,” or packs of common integrations that can be shared across organizations.
The incorporation of environmental, social and governance (ESG) practices in guiding corporate decision-making in Latin America is following a growing global trend of focus on sustainability.